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Liability Risk and Insurance

$15.6mn awarded against Nestle

Nestle has been ordered to pay $15.6mn by a US jury to a former model whose image was used for years without his permission on coffee jar labels. The award includes 5% of the profits for the coffee between 1997 to 2003. The company is to appeal the decision. The man had turned down a settlement offer of $100,000, and the company had turned down an offer from the man to settle for $8.5mn.

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